▼ -37.70% Downside Potential
This price target is based on 16 analysts offering 12 month price targets for CEMEX in the last 3 months. The average price target is $5.31, with a high forecast of $10.00 and a low forecast of $2.90. The average price target represents a -37.70% upside from the last price of $8.52.
The current consensus among 16 contributing investment analysts is to buy stock in CEMEX. This rating has held steady since May 2020, when it changed from a Hold consensus rating.
CEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, clinker, and other construction materials worldwide. The company also offers various complementary construction products, including asphalt products; concrete blocks; roof tiles; architectural products; concrete pipes for storm and sanitary sewers applications; and other precast products, such as rail products, concrete floors, box culverts, bridges, drainage basins, barriers, and parking curbs. In addition, it provides building solutions for housing projects, pavement projects, and green building consultancy services; cement trade maritime services; and information technology solutions. The company operates approximately 2,000 retail stores in approximately 600 cities. CEMEX, S.A.B. de C.V. was founded in 1906 and is headquartered in San Pedro Garza GarcÃa, Mexico.